There is no research in India done on topics like why people borrow, or how people invest…but here is an attempt at guessing…. 1. People borrow to buy assets : buying a car, a motorcycle, a house…..etc. requires sums of money that a person may not have, so borrowing becomes a must. 2. To pay […]
Yes Subra, I agree with you I need X amount for retirement, after all you may end up spending a fortune on medical expenses during retirement ——-Most people tell me this. Wrong. You may or may not spend much on medical expenses (hey I am not saying you do not need medical insurance). I am […]
HA ha….most of you know where this question will head right? The latest documents from the Fed reveal that they did not understand what is happening in the Economy. I always knew it – and those following me on FB know my views about the regulators in general and Fed in particular. For a momentary […]
I am not sure whether Abuse of women by their partners is big or sexy enough for Aamir Khan to cover in Satyameva Jayete. I am seeing many cases of abuse, but in this blog I am planning to cover only one type of abuse. First of all there are 3 types of abuse that […]
Many of us are likely to live long enough on this planet to need some kind of assisted living. How much exactly does staying in an old age home cost? Frankly I have not done enough research to do such a post, but here is some rudimentary info. You will need to do more research […]
When I speak to well informed and educated investors (and advisers) the biggest retirement income worries seem to be the following: Market volatility, Regulatory changes, Medical expenses not covered by their medical insurance, Inability to maintain a complex portfolio beyond a particular age, Inflation and poor financial understanding. All these fears seem to be valid, […]
If the CFOs of Tata Steel, Tata Motors, TCS, Indian Hotels came to Mr. Ratan Tata and said we want to set up a mutual fund and a life insurance company how do you think will he react? Most probably he would say we have a mutual fund and a life insurance company so please […]